What is the annual opportunity cost of a chequing account that requires a $1,000 minimum balance to
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What is the annual opportunity cost of a chequing account that requires a $1,000 minimum balance to avoid service charges Assume an interest rate of 2 percent.
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The annual opportunity cost of a chequing account is the amount of interest that could h...View the full answer
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Deepak Sharma
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Personal Finance
ISBN: 9781259650659
7th Canadian Edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
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